Is Roxboro, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Roxboro has remained a Seller's Market.
Key Takeaway
Roxboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roxboro, NC
How much do homes in Roxboro, NC cost?
Median Sold Price
$250,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Roxboro have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Roxboro was $250,000 in March 2024, up 11.1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130.5K | - | N/A |
| 2 Bedrooms | $150K | $162.7K | +8.5% |
| 3 Bedrooms | $225K | $252.5K | +12.2% |
| 4 Bedrooms | $250K | $286K | +14.4% |
| 5+ Bedrooms | $492.5K | $320K | -35.0% |
Summary: Roxboro housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 35%.
Median Sold Price Compared To Nearby Cities
| Roxboro | $224.9K | $250K | +11.1% |
| Roxboro Township | $224.9K | $250K | +11.1% |
| Flat River Township | $337.5K | $370K | +9.6% |
Housing Supply in Roxboro, NC
How many homes are available in Roxboro, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 65 | 71 | +9.2% |
Summary: The Roxboro real estate market had 71 homes for sale in March 2024, a 9.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 43 | 50 | +16.3% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Roxboro housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 20 | +122.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roxboro, expect to pay close to the asking price. 55% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in Roxboro in March 2024, up by 122.2% month-over-month. Of the 20 sold homes, 35% were sold under asking, 55% were sold at asking, and 10% were sold over asking.
Days on Market for Roxboro, NC
How long does it take to sell a home in Roxboro, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 110 Days | 86 Days | -21.8% |
Summary: Homes in Roxboro had an average of 86 days on market in Mar 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Roxboro has remained consistent over time.
Summary: During March 2024, 20 homes were sold in Roxboro; 15% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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